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A 30-year U.S. corporate bond with a 6 percent coupon rate is sold to an investor at a price of $925. What is his yield

A 30-year U.S. corporate bond with a 6 percent coupon rate is sold to an investor at a price of $925. What is his yield to maturity? If the investor sells the bond 8 years later for $995, what is his 8-year holding period yield? Make sure to show your work.

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